Common use of Dormant/Inactive Accounts Clause in Contracts

Dormant/Inactive Accounts. You understand that if your account is dormant or inactive, you may be charged the fee specified in the Disclosures and we may stop paying interest to the extent permitted by law. You understand that your account balance may be escheated (that is, turned over to the state) in accordance with state law.

Appears in 18 contracts

Samples: Deposit Account Agreement, Account Agreements and Disclosures, Deposit Account Agreement

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Dormant/Inactive Accounts. You understand that if your account is dormant or inactive, you may be charged the fee specified in the Disclosures Fee Schedule and we may stop paying interest to the extent permitted by law. You understand that your Your account balance may be escheated (that is, turned over to the state) in accordance with state law. If your account balance is escheated, you agree that we are relieved of all responsibility for the balance escheated.

Appears in 7 contracts

Samples: Account Agreements and Disclosures, Account Agreements and Disclosures, Account Agreements and Disclosures

Dormant/Inactive Accounts. You understand that if your account is dormant or inactive, you may be charged the fee specified in the Disclosures Fee Schedule and we may stop paying interest to the extent permitted by law. You understand that law and your account balance may be escheated (that is, turned over to the state) in accordance with state law. If your account balance is escheated, you agree that we are relieved of all responsibility for the balance escheated.

Appears in 2 contracts

Samples: Deposit Account Agreement, Business Deposit Account Agreement

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Dormant/Inactive Accounts. You understand that if your account is dormant or inactive, you may be charged the fee specified in the Disclosures Fee Schedule and we may stop paying interest to the extent permitted by law. You understand that law and your account balance may be escheated (that is, turned over to the state) in accordance with state law.balance

Appears in 1 contract

Samples: Business Deposit Account Agreement

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